https://www.taxtmi.com/caselaws?id=435725 The court affirmed the dismissal of the revenue's appeal, holding the reassessment proceedings invalid due to the absence of a finding on the failure to disclose material facts. Emphasizing the importance of jurisdictional facts, the court ruled that reassessment based on retrospective amendments without such findings is impermissible. The court referenced various cases to support its decision, ultimately upholding the original judgment that the reassessment under Section 147 of the Income Tax Act was not valid in this instance. en-us Wed, 11 Jan 2023 00:00:00 +0530 Thu, 26 Mar 2026 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435725 The court affirmed the dismissal of the revenue's appeal, holding the reassessment proceedings invalid due to the absence of a finding on the failure to disclose material facts. Emphasizing the importance of jurisdictional facts, the court ruled that reassessment based on retrospective amendments without such findings is impermissible. The court referenced various cases to support its decision, ultimately upholding the original judgment that the reassessment under Section 147 of the Income Tax Act was not valid in this instance. Case-Laws Income Tax Wed, 11 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435725